Short Interest in Zapp Electric Vehicles Group Limited (NASDAQ:ZAPPW) Grows By 3,312.8%

Zapp Electric Vehicles Group Limited (NASDAQ:ZAPPW) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 160,400 shares, a growth of 3,312.8% from the May 31st total of 4,700 shares. Based on an average daily trading volume, of 596,900 shares, the days-to-cover ratio is presently 0.3 days.

Zapp Electric Vehicles Group Price Performance

Shares of ZAPPW stock opened at $0.02 on Friday. Zapp Electric Vehicles Group has a 1-year low of $0.01 and a 1-year high of $0.07. The stock has a 50-day moving average of $0.01 and a 200-day moving average of $0.01.

About Zapp Electric Vehicles Group

Zapp Electric Vehicles Group Limited operates as a two-wheel electric vehicle company. The company designs, markets, and sells high performance electric vehicles. It also provides maintenance and repair services, as well as sells related parts and accessories. The company was incorporated in 2022 and is based in Bangkok, Thailand.